CIBC (CM) Stock Upgraded to Overweight on Strong Earnings Growth

Canadian Imperial Bank of Commerce (NYSE:CM) ranks among the most profitable Canadian Stocks to buy now. On February 26, Raymond James boosted its price target on Canadian Imperial Bank of Commerce (NYSE:CM) to CAD148.50 from CAD135 while retaining a Market Perform rating on the company’s shares. The firm raised its target to reflect improved fiscal year 2027 EPS expectations. Raymond James’ valuation is based on 13x 2026 expected earnings per share, consistent with the Big Six average. The firm stated t ...

CIBC (CM) Stock Upgraded to Overweight on Strong Earnings Growth - Reportify